Gjensidige Forsikring Management
Management criteria checks 2/4
Gjensidige Forsikring's CEO is Geir Holmgren, appointed in Jan 2023, has a tenure of 1.58 years. total yearly compensation is NOK9.31M, comprised of 59.4% salary and 40.6% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth $797.46K. The average tenure of the management team and the board of directors is 1.6 years and 4.3 years respectively.
Key information
Geir Holmgren
Chief executive officer
NOK 9.3m
Total compensation
| CEO salary percentage | 59.4% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.009% |
| Management average tenure | 1.6yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | NOK 4b |
| Mar 31 2024 | n/a | n/a | NOK 4b |
| Dec 31 2023 | NOK 9m | NOK 6m | NOK 4b |
Compensation vs Market: Geir's total compensation ($USD881.78K) is below average for companies of similar size in the US market ($USD8.39M).
Compensation vs Earnings: Insufficient data to compare Geir's compensation with company performance.
CEO
Geir Holmgren (52 yo)
1.6yrs
Tenure
NOK 9,307,266
Compensation
Mr. Geir Holmgren is Chief Executive Officer at Gjensidige Forsikring ASA since January 01, 2023. He served as Executive Vice President of Corporate Market at Storebrand ASA until June 03, 2022. Mr. Holmgr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.6yrs | NOK 9.31m | 0.0091% $ 797.5k | |
| Executive VP of Governance | 7.8yrs | NOK 6.36m | 0.0063% $ 553.8k | |
| Executive Vice President of Technology & Insight | less than a year | NOK 3.56m | no data | |
| Executive Vice President of People & Communication | less than a year | NOK 3.29m | no data | |
| Chief Risk Officer | 8.6yrs | NOK 3.40m | 0.0054% $ 476.0k | |
| Executive Vice President of Commercial | 5.9yrs | NOK 5.69m | 0.0011% $ 97.0k | |
| Executive Vice President of Claims | 1.1yrs | NOK 4.69m | 0.0012% $ 102.2k | |
| Executive Vice President of Private | 4.2yrs | NOK 4.91m | 0.0012% $ 106.6k | |
| Executive Vice President of Analytics | less than a year | NOK 4.24m | 0.00054% $ 47.2k | |
| Head of Investments | no data | no data | no data | |
| Accounting Director | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data |
1.6yrs
Average Tenure
52yo
Average Age
Experienced Management: GJNS.F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 14.6yrs | NOK 901.00k | 0.00030% $ 26.2k | |
| Independent Board Member | 4.3yrs | NOK 424.10k | 0.00020% $ 17.5k | |
| Independent Director | 6.3yrs | NOK 587.70k | 0.00030% $ 26.2k | |
| Independent Director | 6.3yrs | NOK 473.30k | 0.00050% $ 43.7k | |
| Independent Director | 4.3yrs | NOK 514.44k | 0.0024% $ 209.6k | |
| Independent Director | 7.3yrs | NOK 511.00k | 0.00079% $ 69.0k | |
| Employee Representative Director | 4.3yrs | NOK 433.00k | 0.00029% $ 25.3k | |
| Independent Director | 7.3yrs | NOK 516.17k | 0.00044% $ 38.4k | |
| Employee Representative Director | 4.3yrs | NOK 511.80k | 0.00020% $ 17.5k | |
| Employee Representative Director | 3.9yrs | NOK 482.20k | 0.00016% $ 14.0k |
4.3yrs
Average Tenure
57yo
Average Age
Experienced Board: GJNS.F's board of directors are considered experienced (4.3 years average tenure).